Form 4: Sanfilippo John B & Son Inc: Jeffrey T. Sanfilippo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey T. Sanfilippo, Chief Executive Officer and Director of Sanfilippo John B & Son Inc, reports changes in beneficial ownership of Class A Common Stock due to a distribution from a family trust.
Summary
- On February 20, 2025, Jeffrey T. Sanfilippo reported changes in his beneficial ownership of Sanfilippo John B & Son Inc (JBSS) Class A Common Stock.
- The changes involve a distribution of 4,863 shares from the Sanfilippo Family GST Trust Dtd 5/10/17, with the shares now held indirectly in the Jeffrey T. Sanfilippo Family Trust Dtd 5/10/17.
- Following the transaction, Sanfilippo directly owns 21,856 shares of Class A Common Stock.
- He also indirectly owns 50,170 shares as Trustee of the Jeffrey T. Sanfilippo Irrevocable Trust Dtd 10/06/06 and 32,609 shares as Trustee of the Jeffrey T. Sanfilippo Trust Dtd 10/07/91.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in stock ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider and is a common occurrence for publicly traded companies.
Stakeholder Impact
- The change in beneficial ownership may have a minor impact on shareholders, as it reflects internal asset management by a key executive.
Key Dates
| Date | Description |
|---|---|
| 10/07/1991 | Date of the Jeffrey T. Sanfilippo Trust |
| 05/10/2017 | Date of the Sanfilippo Family GST Trust and Jeffrey T. Sanfilippo Family Trust |
| 02/20/2025 | Date of the reported transaction |
| 02/24/2025 | Date of signature on the report |
Keywords
beneficial ownership, Form 4, JBSS, Sanfilippo John B & Son Inc, Jeffrey T. Sanfilippo, Class A Common Stock, trust, distribution
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